January 10, 2025 Blog Article

SpendHQ: Solutions Built by Procurement, for Procurement

Procurement is utterly unique in the corporate world. No other function ensures every part of the business has the goods…
November 12, 2024 Blog Article

The Role of Spend Analysis in Optimizing Procurement Strategy 

In 2023, a study from analyst firm Ardent Partners found that 40% of CPOs don’t have the data they need…
October 10, 2024 Blog Article

Understanding Tail Spend and its Impact on Procurement 

Anything Procurement can do to lower prices and rein in costs is a win for the organization’s bottom line. But…
September 19, 2024 All

How PE Firms Can Create More Value with Group Purchasing Organizations 

Most private equity spend reduction options involve serious manual sourcing effort. Contracts, vendor negotiations, savings leakage mitigation, tail spend reduction—nothing…
August 23, 2024 Blog Article

Procurement Analytics: Driving Strategic Sourcing Decisions 

Procurement no longer exists just to purchase goods and services at the lowest price. Recent changes to the global economy…
August 22, 2024 All

Consultancy or Software for Private Equity EBITDA Enhancement? 

When private equity firms implement private equity procurement, they often outsource the entire process to private equity procurement consultants. However,…
August 13, 2024 All

INSIGHTS EVENT RECAP: CPOs Gather to Share Industry Insights & Best Practices   

We recently gathered 50+ CPOs and procurement leaders across 25 industries for our INSIGHTS Customer Event in Paris.   Held at…
August 10, 2024 Blog Article

Procurement Data Challenges and Solutions 

Procurement data is nothing less than the function’s life blood. It gives teams an objective look at everything they touch,…
August 9, 2024 All

5 Spend Analytics Levers for Private Equity EBITDA Impact 

It’s nearly impossible for private equity firms to maintain healthy margins in today’s business landscape without managing their portfolio spend.…
August 7, 2024 Blog Article

Understanding Procurement KPIs: Key Metrics for Success 

If your executive team asked how Procurement was performing, would you have the data to back up your answer? If…